Hipgnosis SELLING part of it's catalog

[MrFender]

So maybe the music catalog buying biz isn't so great (aka inflated prices?). From many sources, Hipgnosis Song Fund (HSF) is selling some of it's music catalogs (granted it's essentially to a sister company). But still, selling off just about $500 million of your assets doesn't look good.

https://www.ft.com/content/b9ce0d69-...b-3827a5217de4

Here is the list they're "selling" from the article, can't say I recognize a lot of them ($500 million for these??) :



Or maybe the music catalog biz is great -

Katy Perry selling her huge stock of five, yes five, albums (including stakes in publishing and masters) for a reported $225 million:

https://variety.com/2023/music/news/...ic-1235726293/

If I was her, I would take that in a heartbeat as well. Which artist isn't selling their catalog these days?


Strange days indeed.

[daemonspudguy]

Pink Floyd, apparently. Because Roger and David can't agree on anything. For obvious reasons, I can't say the day that will happen is the day when pigs fly, but I can say that it will be the day when squids learn to breathe air.